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Mar 23, 2013
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and yet it is carried forward through this kind of trick of the budget control act, the debt ceiling deal, and all these straitjackets that have been put onto the process so that we are now two years later, even though there's not public support for it in any deep sense, it has been repudiated at the ballot box by a fairly significant majority, house, senate, and the presidential election, we have inherited this terrible policy which is going to cause needless pain and suffering. >> but it's like they've taken a machete to it across the board as oppose toed the many democrats who say, look, we know we need to make cuts in places. why not wield more of a scalpel to do it? what prevents them from doing that? >> there was this kind of weird politicalcle clati clalculation that the republicans tried to hand the president the scalpel back when the deadline was approaching and the president rejected it because he doesn't want to own the cuts. one of the things to understand about the politics is the republicans want cuts but they don't want to own them, and their biggest political goal is
and yet it is carried forward through this kind of trick of the budget control act, the debt ceiling deal, and all these straitjackets that have been put onto the process so that we are now two years later, even though there's not public support for it in any deep sense, it has been repudiated at the ballot box by a fairly significant majority, house, senate, and the presidential election, we have inherited this terrible policy which is going to cause needless pain and suffering. >> but...
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Mar 25, 2013
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ceiling increase. they'll pass a budget. the house passed a budget. in theory what they're supposed to do is reconcile the two of them, come up with a compromise and make that budget the law. that's not going to happen, this was the end. this bill is going to die and there's no implication for keystone, excel, abortion or anything else. it's symbolic. >> quoting myself, it's a statement of priorities. and the fact that the republicans are still trying to litigate the issue of the affordable care act, still talking about contraception, still talking about a woman's right to choose, it's a testament, those are not winning issues for the republican party. i want to talk to you, josh, you have a great column in bloomberg view, talking about republicans and their deficit amnesia. michael writes in the "daily beast," the gop is advancing three crucial lies, that we have to balance the budget, that public investment at this point is irresponsible and that if we do slash spending and balance the budget, jobs w
ceiling increase. they'll pass a budget. the house passed a budget. in theory what they're supposed to do is reconcile the two of them, come up with a compromise and make that budget the law. that's not going to happen, this was the end. this bill is going to die and there's no implication for keystone, excel, abortion or anything else. it's symbolic. >> quoting myself, it's a statement of priorities. and the fact that the republicans are still trying to litigate the issue of the...
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Mar 23, 2013
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ceiling, all of those issues seem to be moving out later into the year. so as a result the impediments that were slowing the economy down over the last couple of quarters we think will result in better economic growth. the equity market is starting to sense that. i think to some degree that is some of the reasons why the markets ignored washington and ignored sandy so far this year and is up 10% or so. >> that is why you have such a bullish forecast for the s&p. you are calling for it to end the year at 16.60. it is all going to play out pretty strongly. >> we think corporate earnings will chug along may increase about $108 full year for the s&p. we think we will get a little multiple expansion from 14 to 15 times as treasury yields continue to work higher. that will drive out of bounds and into stocks. we think the equity market ends up with a 15% to 20% positive return for the year. >> that is a good way to turn to stocks that are going to perform well. you have len on the big board as your top pick. you reported the blowout earnings this year. the stoc
ceiling, all of those issues seem to be moving out later into the year. so as a result the impediments that were slowing the economy down over the last couple of quarters we think will result in better economic growth. the equity market is starting to sense that. i think to some degree that is some of the reasons why the markets ignored washington and ignored sandy so far this year and is up 10% or so. >> that is why you have such a bullish forecast for the s&p. you are calling for it...
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Mar 23, 2013
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we're not there yet which we got a debt ceiling debate that's going to be coming in the next few months. while they passed two budgets they haven't gone through the whole process. we could continue with a number of stop gap measures keeping government from shutting down until someone comes to a big agreement. host: on our line for republicans, go ahead. caller: thank you sir for taking my call which really enjoy c-span. i don't get to watch it much due to the fact i'm in school monday through friday. i'm an american government teacher and have been for the last 19 years and i have a question the for your young lady. i would like her to define the word politico. that's the first question. number two, what is frightening for the student i face daily and have faced for the past 19 we now the fact that govern by party, we don't govern by the constitution. ealthcare not mentioned in the document. not expressly or interntly mentioned by the document. if washington would have thought it was important, it would have been in there. secondly resolutions as you mentioned are not binding and all it
we're not there yet which we got a debt ceiling debate that's going to be coming in the next few months. while they passed two budgets they haven't gone through the whole process. we could continue with a number of stop gap measures keeping government from shutting down until someone comes to a big agreement. host: on our line for republicans, go ahead. caller: thank you sir for taking my call which really enjoy c-span. i don't get to watch it much due to the fact i'm in school monday through...
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Mar 24, 2013
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this is something that will come up again with the debt ceiling fight this summer. but if you look at what the senate just passed, this is as christina said, they want to raise taxes. >> guys, let's switch to gun control here. christina, there's mention of the push for the gun control measures. a new gun control law was signed into law described as tough but does not ban semiautomatic assault weapons. here's the governor today. >> i get the feeling right now around assault weapons is that it's hard to define what assault weapons is, whether the ten-year ban, the federal ban made a difference. >> so colorado can't pass a ban on semiautomatic assault weapons. do you take that as a sign it's not going to pass in any state? >> well, it's really hard to know. every state is different. but there is a huge question here. lawmakers feel a lot of pressure from gun lobbyists, gun rights groups and this is why the effort is so interesting. he says he's going to spend $12 million to really look at senators that might be persuadable, particularly those with strong gun rights cul
this is something that will come up again with the debt ceiling fight this summer. but if you look at what the senate just passed, this is as christina said, they want to raise taxes. >> guys, let's switch to gun control here. christina, there's mention of the push for the gun control measures. a new gun control law was signed into law described as tough but does not ban semiautomatic assault weapons. here's the governor today. >> i get the feeling right now around assault weapons...
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maximum debt ceiling going to be blown up or lifted so that countries like greece and spain and cyprus can can run a larger debts or is are we going to see countries just flee the euro go back there is a dollar and says at this point there's still the hope in europe that the countries that have by the way been ignoring these rules france and germany as well as the countries in the more difficult circumstances have been ignoring all sorts of the rules they all agreed on so there's plenty of precedent for not in fact abiding by the rules and there's relatively little enforcement that has been tried or that is even allowed under the rules of the e.u. so my guess is they're not yet convinced despite the blowback that the cypriot people were able to to demonstrate they're not yet persuaded that the mass of the populations of italy of spain and eventually of france and germany too will mount that kind of opposition only when they see that will you get the fundamental change that will shift out of austerity and to build economic development by breaking a lot of other rules of typical capitali
maximum debt ceiling going to be blown up or lifted so that countries like greece and spain and cyprus can can run a larger debts or is are we going to see countries just flee the euro go back there is a dollar and says at this point there's still the hope in europe that the countries that have by the way been ignoring these rules france and germany as well as the countries in the more difficult circumstances have been ignoring all sorts of the rules they all agreed on so there's plenty of...
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Mar 22, 2013
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ceiling, increasing the debt ceiling is like putting your groceries on a credit card. when in reality it's the equivalent of not paying your bills. >> bill: certainly if they are going to stick to the ryan budget, they are going to have to sell it better this time around. chris moody from yahoo! news. and eric is here as a friend of bill. >> announcer: heard around the country and seen on current tv. this is the "bill press show." ♪ criticizing, and holding policy to the fire. are you encouraged by what you heard the president say the other night? is this personal or is it political? a lot of my work happens by doing the things that i am given to doing anyway. staying in tough with everything that is going on politically and putting my own nuance on it. not only does senator rubio just care about rich people but somehow he thinks raising the minimum wage is a bad idea for the middle class. but we do care about them, right? vo: the war room monday to thursday at 6 eastern i think the number one thing that viewers like about the young turks is that we're honest. they c
ceiling, increasing the debt ceiling is like putting your groceries on a credit card. when in reality it's the equivalent of not paying your bills. >> bill: certainly if they are going to stick to the ryan budget, they are going to have to sell it better this time around. chris moody from yahoo! news. and eric is here as a friend of bill. >> announcer: heard around the country and seen on current tv. this is the "bill press show." ♪ criticizing, and holding policy to the...
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Mar 18, 2013
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the next speaker has been an outspoken advocate to not raise the debt ceiling so our children do not inherit a debt-ridden future. the next speaker has been outspoken for the unilateral repeal for obamacare. [applause] more so than anything else, our next speaker is one of the most courageous conservatives in the country. she stands for principle, she will oppose a republican just like she will oppose a democrat. she's fighting if the future of the country so my generation can prosper. ladies and gentlemen please join me in welcoming congresswoman michelle bachman. [applause] >> good morning. good to see you. good morning. love you too! good morning. welcome, everyone. thank you for that wonderful cpac early morning welcome. welcome to washington, d.c. the epicenter of care and compassion. it is a very unique city as you know. you have to show a photo i.d. in other words to have a white house tour then they turn around and demand you put away your i.d. before you vote for the man sitting in the white house. it is a city of care and compassion. i want to ask you an important question
the next speaker has been an outspoken advocate to not raise the debt ceiling so our children do not inherit a debt-ridden future. the next speaker has been outspoken for the unilateral repeal for obamacare. [applause] more so than anything else, our next speaker is one of the most courageous conservatives in the country. she stands for principle, she will oppose a republican just like she will oppose a democrat. she's fighting if the future of the country so my generation can prosper. ladies...
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Mar 25, 2013
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the debt ceiling? >> debt ceiling. it's a continuing resolution. i guess that's been passed. >> already passed. >> the debt ceiling, which i think was anticnated august or september, last week, i haven't checked all of the details. the last time i checked in with this, way back when the republican senators had dinner with president obama,ists told that they didn't expect the debt ceiling issue to come to a head until august or september. so, they've kind of kicked the can down on the road on that one. it will be awhile. i suspects on the budget that will be the next big thing. >> one more time. you may have missed a few if you were out of town but michelle bachman gave a controversial speech at cpac where she went after the president for living a life of luxury in the white house including the fact that he had, you know, six-figured dog walker, dana bash from cnn tried to chase down michelle bachman. she had to chase her down running, michelle bachman running away. we will play a quick clip where she refuses to back up her charge about the dog walk
the debt ceiling? >> debt ceiling. it's a continuing resolution. i guess that's been passed. >> already passed. >> the debt ceiling, which i think was anticnated august or september, last week, i haven't checked all of the details. the last time i checked in with this, way back when the republican senators had dinner with president obama,ists told that they didn't expect the debt ceiling issue to come to a head until august or september. so, they've kind of kicked the can down...
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Mar 21, 2013
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we increased the debt ceiling. people do not understand what that is. it is foreiling says money you have already spent. if you owe money, you cannot pay the bills. you have to pay the bills. otherwise the country defaults. the treasury people tell us that would be catastrophic. so you have to pay the bills. we have raised the debt ceiling 77 signs -- times since world war ii. there is political demagoguery from whatever clinical party was in go the minority. at the end, there was a vote for it. they say if you increase the debt ceiling coming up to cut spending by an incredible amount. over 10 years. white 10 years? arbitrary. -- why over 10 years? arbitrary. 2.4 congress voted for $ trillion in cuts. 2 trillion -- the sequester makes no sense at all. from our point of view, we do not have a that crisis or deficit crisis. we have a jobs crisis. we have reduced the deficit. the only intelligent way to measure deficit is as a percent of the economy. . percent of gdp that is for a simple reason. if you owe $10,000 on your credit card, is that urban some o
we increased the debt ceiling. people do not understand what that is. it is foreiling says money you have already spent. if you owe money, you cannot pay the bills. you have to pay the bills. otherwise the country defaults. the treasury people tell us that would be catastrophic. so you have to pay the bills. we have raised the debt ceiling 77 signs -- times since world war ii. there is political demagoguery from whatever clinical party was in go the minority. at the end, there was a vote for...
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Mar 24, 2013
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ceiling minutes later run. there's a lot of claims to be made the president said we just can't even cut the growth of spending because if we do that's going to hurt economic growth. you look at the president's statement overtime. if you go back and actually read the presidential debate with john mccain over and over again, obama promised to make a campaign speech does the same thing. i have some new proposals, but i'm going to more than offset them by other cuts and he promised a smaller government that we have great then. now when we got to the week or two after the election we start talking about the stimulus. it will be for one, maybe two years. we had a 21% increase during the first years of the obama administration over and above the solution. that dollar increase in spending adjusted for inflation is argentinian priest standing we had during world war ii, which is pretty phenomenal when you think about how much the country no place to go and fight world war ii there. this is larger for inflation. rather t
ceiling minutes later run. there's a lot of claims to be made the president said we just can't even cut the growth of spending because if we do that's going to hurt economic growth. you look at the president's statement overtime. if you go back and actually read the presidential debate with john mccain over and over again, obama promised to make a campaign speech does the same thing. i have some new proposals, but i'm going to more than offset them by other cuts and he promised a smaller...
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Mar 21, 2013
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the debt ceiling. if we do that, if we put a balanced budget amendment on the floor of the house and senate and if it passes i'll be ready to look at increasing the debt ceiling for the president. if that doesn't happen, i don't see a reason to raise the debt ceiling. let's stare him down on that until somebody gives in. we need to get this spending under control. and the irresponsible policies is not the way to go. obamacare needs to be repealed. we need to restore the rule of law in this country. we got to shrink down the welfare package that's out here. 80 different means tested welfare programs in the united states, just $2.5 trillion for the illegal component of this. a whole lot more if we don't get these entitlements under control. mr. speaker, the solutions are here. they are on this side of the aisle. they're actually in the platform. i endorse many of them. i appreciate your attention and i yield back the balance of my ime. the speaker pro tempore: the gentleman yields back his time. does the
the debt ceiling. if we do that, if we put a balanced budget amendment on the floor of the house and senate and if it passes i'll be ready to look at increasing the debt ceiling for the president. if that doesn't happen, i don't see a reason to raise the debt ceiling. let's stare him down on that until somebody gives in. we need to get this spending under control. and the irresponsible policies is not the way to go. obamacare needs to be repealed. we need to restore the rule of law in this...
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Mar 19, 2013
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and not razor debt ceiling's our children cannot inherit a debt ridden future. the next speaker has been an outspoken advocate for the unilateral repeal of obamacare. >> and more so than anything else, our next speaker is one of the most courageous conservatives in the country your she stands for principle, she will oppose republican just like she will oppose a democrat. she's fighting for the future of this country, so my generation can prosper. ladies and gentlemen police join me in welcoming congresswoman michele bachmann. [cheers and applause] ♪ ♪ >> good morning. good to see you. so glad you're here. good morning. love you, too. good morning. welcome, everyone. thank you for that wonderful, wonderful tea bag or the morning welcome. and you are up and you. welcome to washington, d.c. the epicenter of care and compassion. it is a very unique city, as you know. you have to show a photo id in would have a white house tour. and then they turn around and demand you put away your id before you vote for the man sitting in the white house. it's a city of care an
and not razor debt ceiling's our children cannot inherit a debt ridden future. the next speaker has been an outspoken advocate for the unilateral repeal of obamacare. >> and more so than anything else, our next speaker is one of the most courageous conservatives in the country your she stands for principle, she will oppose republican just like she will oppose a democrat. she's fighting for the future of this country, so my generation can prosper. ladies and gentlemen police join me in...
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Mar 18, 2013
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larger plan to raise the debt ceiling. krazak from cq roll call. >> starting tonight at 9:00 p.m. eastern, our first lady series continues with a look at the lives of elizabeth monroe and louisa out front -- adams. on c-span [applause] , "the communicator's." , discussingn3 policy and the future of afghanistan. now, remarks from joint chiefs of staff chairman martin dempsey on the future of the persian gulf sharing his thoughts on u.s. engagement in the region held by the center for strategic studies, this is 50 minutes. [applause] you, doctor. if i could return some of the kind words, he has been one of those individuals in my life, whenever i had a particularly ,exing challenge, which is neary whether i was the acting commander or chief staff, i could call them up and he could gather a group together and let me hang around some of our most complex problems. i appreciate -- it is good to see you again, sir. ambassador is, especially the future diplomats of our world, those of my generation hoping to wrap this and a little
larger plan to raise the debt ceiling. krazak from cq roll call. >> starting tonight at 9:00 p.m. eastern, our first lady series continues with a look at the lives of elizabeth monroe and louisa out front -- adams. on c-span [applause] , "the communicator's." , discussingn3 policy and the future of afghanistan. now, remarks from joint chiefs of staff chairman martin dempsey on the future of the persian gulf sharing his thoughts on u.s. engagement in the region held by the center...
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Mar 20, 2013
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instweard looking for a showdown in the summer over the debt ceiling and that is something we can talk about another time but there is no real threat of a government shutdown that i see for this month. >> thanks for joining us for the update. >> sure. no problem. >> the head of immigration and customs enforcement testified day about 2,000 detained immigrants. that is next on c-span. then house republicans talk to reporters about the budget. then f.b.i. director talks about how they can end antiterror operations. 4 years ago today we began providing televised access. the c-span networks created by america at cable companies in 1979 and brought to you by your television provider. john morton who heads up immigration enforcement was asked about a house panel about the 2,000 illegal immigrants being held at detention centers. >> the judiciary committee will come to order and the chair has declare recesses of the committee at any time. i want to take the opportunity to make members aware of our new policy regarding participation in sub committee hearings. i was asked if members who are not
instweard looking for a showdown in the summer over the debt ceiling and that is something we can talk about another time but there is no real threat of a government shutdown that i see for this month. >> thanks for joining us for the update. >> sure. no problem. >> the head of immigration and customs enforcement testified day about 2,000 detained immigrants. that is next on c-span. then house republicans talk to reporters about the budget. then f.b.i. director talks about how...
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Mar 23, 2013
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we have a debt ceiling. while they passed to budgets, they still have not gone to the whole process. we could continue with these stop-measures to keep the government from shutting down until eight -- an agreement is made. , go ahead.ssee caller: i would like her to define the word "politico." americanught government for the past 19 years and we are not governed by parties. we do not covered by the constitution. example which one is not mentioned in the constitution. if madison and hamilton thought it was important and washington thought it was important, it would have been in there. resolutions are non- binding. all it does is increase the burden of debt of my students who are now in debt probably $50,000 already. they have not graduated from high school already. households are in debt to the tune of $150,000 -- host: you have given us a lot to work with. what level do you teach? caller: high school. 12th graders? caller: yes, sir, u.s. government. guest: host: if you go to our website, you will find inform
we have a debt ceiling. while they passed to budgets, they still have not gone to the whole process. we could continue with these stop-measures to keep the government from shutting down until eight -- an agreement is made. , go ahead.ssee caller: i would like her to define the word "politico." americanught government for the past 19 years and we are not governed by parties. we do not covered by the constitution. example which one is not mentioned in the constitution. if madison and...
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Mar 22, 2013
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from there, a lot of the big stuff will go away and the next looming thing will be the debt ceiling. that is something we have not heard much about the last few weeks, but that is on the horizon. pete kasperowicz, thank you for talking with us. guest: sure, any kind. -- any time. >> expect a series of amendment votes. .ollow the senate on c-span two on c-span three, a group of middle east specialist will politics since the fall of hosni mubarak. divided between the muslim brotherhood and the secular opposition parties. the event is hosted by the rand corporation at 10:30 a.m. eastern on c-span three. yesterday, former u.s. ambassador to iraq dissipated in a discussion about the current political situation in .raq and there is factions the discussion included the former iraqi ambassador to the u.s. and a former ambassador to the iraq ambassador. the 90 minute discussion was hosted here in washington. >> ladies and gentlemen, good morning. i am jessica mathews. it is a pleasure to welcome you today to take stock 10 years after the launch of what turned out to be america's second- longe
from there, a lot of the big stuff will go away and the next looming thing will be the debt ceiling. that is something we have not heard much about the last few weeks, but that is on the horizon. pete kasperowicz, thank you for talking with us. guest: sure, any kind. -- any time. >> expect a series of amendment votes. .ollow the senate on c-span two on c-span three, a group of middle east specialist will politics since the fall of hosni mubarak. divided between the muslim brotherhood and...
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Mar 21, 2013
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ceiling, there's fiscal cliffs, there's all of thee things. yet if you look back at this past four years the economy has continue to grow. it is what we call the plow horse economy. it is not going to fall over. it is going to keep moving forward, productivity is improving. efficiency is improving and profitability is improving. and that's what's been driving the economy and the stock market. >> one last quick comment, chad. >> it is a big "but." brian is correct that the u.s. government -- u.s. economy's improving. but we still have fundamental issues in the structure of our economy, imbalances. we are not out of the woods yet. we're not in self-sustaining recovery. we need to start to see that to become increasingly more bullish on the financial markets. >> that was really good. you're a good double act. we should have you on more. thank you both. brian and chad. have great days. >>> seven years ago today twitter co-founder jack dorsey sent the first tweet writing just setting up my twitter. since then the media giant has become a staple for
ceiling, there's fiscal cliffs, there's all of thee things. yet if you look back at this past four years the economy has continue to grow. it is what we call the plow horse economy. it is not going to fall over. it is going to keep moving forward, productivity is improving. efficiency is improving and profitability is improving. and that's what's been driving the economy and the stock market. >> one last quick comment, chad. >> it is a big "but." brian is correct that the...
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Mar 21, 2013
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and we agreed to raise the debt ceiling ceiling $2.1 trillion ae agreed to reduce spending over ten years, $2.1 trillion. before the ink was dry, the president was proposing to eliminate the cuts he agreed to. he's been fighting to eliminate those cuts from the beginning. and they're really not cuts. they're simply -- if they were properly applied, it would reduce the growth of spending and not cut spending actually at all. so the committee that was supposed to find all the cuts failed. the sequester came into law. it's an antimilitary provision. it was put in by jack lew, a very liberal member of the president's, at that time, chief of staff for offic office of mot and budget. the president seems to be quite happy to see these cuts fall on the defense department. he seems to be happy to have this happen. why do you say that? i say, because he's done nothing to philadelphia it. -- to fix it except demand something that he has no right to demand. that is, to violate this agreement and raise taxes and spend more. and that's not going to happen. congress is not going to vote to violate the a
and we agreed to raise the debt ceiling ceiling $2.1 trillion ae agreed to reduce spending over ten years, $2.1 trillion. before the ink was dry, the president was proposing to eliminate the cuts he agreed to. he's been fighting to eliminate those cuts from the beginning. and they're really not cuts. they're simply -- if they were properly applied, it would reduce the growth of spending and not cut spending actually at all. so the committee that was supposed to find all the cuts failed. the...